Jeffrey W. Evenson - 15 May 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Exec. VP & Chief Strategy Off
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 May 2023
Transactions value $
$-339,363
Form type
4
Filing time
17 May 2023, 16:08:28 UTC
Previous filing
18 Apr 2023
Next filing
27 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $143,741 +6,904 +7.52% $20.82 98,686 15 May 2023 Direct
transaction GLW Common Stock Options Exercise $143,756 +6,875 +6.97% $20.91 105,561 15 May 2023 Direct
transaction GLW Common Stock Options Exercise $143,754 +6,749 +6.39% $21.30 112,310 15 May 2023 Direct
transaction GLW Common Stock Sale $-637,203 -20,528 -18.3% $31.04 91,782 15 May 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +7,507 +8.18% $0.000000 99,289 15 May 2023 Direct
transaction GLW Common Stock Options Exercise $0 +867 +0.87% $0.000000 100,156 15 May 2023 Direct
transaction GLW Common Stock Tax liability $-133,411 -4,276 -4.27% $31.20 95,880 15 May 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -6,904 -100% $0.000000* 0 15 May 2023 Common Stock 6,904 $20.82 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -6,875 -100% $0.000000* 0 15 May 2023 Common Stock 6,875 $20.91 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -6,749 -100% $0.000000* 0 15 May 2023 Common Stock 6,749 $21.30 Direct
transaction GLW Restricted Stock Unit Options Exercise $0 -7,507 -100% $0.000000* 0 15 May 2023 Common Stock 7,507 Direct F2, F8
transaction GLW Restricted Stock Unit Options Exercise $0 -867 -100% $0.000000* 0 15 May 2023 Common Stock 867 Direct F2, F8
holding GLW Restricted Stock Unit 19,700 15 May 2023 Common Stock 19,700 Direct F2, F3
holding GLW Restricted Stock Unit 5,373 15 May 2023 Common Stock 5,373 Direct F2, F4
holding GLW Restricted Stock Unit 11,577 15 May 2023 Common Stock 11,577 Direct F2, F5
holding GLW Restricted Stock Unit 16,415 15 May 2023 Common Stock 16,415 Direct F2, F6
holding GLW Restricted Stock Unit 18,026 15 May 2023 Common Stock 18,026 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.975 to $31.11, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
F2 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F3 The restricted stock units (RSUs) vest 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
F4 The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
F5 The restricted stock units (RSUs) vest 100% on April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F6 The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F7 The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F8 The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement.